The Nigeria Labour Congress (NLC) has vowed to grand economic activities across the country if the Federal Government make bold its threat to jerk up prices of petroleum products in the country.
It had been reported before now that Nigerian might begin to buy petrol for N340 for a litre.
The labour unions said it has started mobilising its members across the country for the showdown.
READ ALSO: http://Omicron variant: UK relaxes travel ban on Nigeria
Speaking at the opening ceremony of 17th NLC Harmattan School in Ilorin, Kwara State, the NLC President, Comrade Ayuba Wabba, vowed that labour would resist the attempt by the government to increase the fuel price without making adequate arrangements to cushion the effect.
He contended that if the Federal Government succeeded in the plan, the impact of the price hike will affect every Nigerians, motorists, households, transporters, and others.
READ ALSO: http://Two KWASU students design, construct light aircaft
Wabba lamented that out of the OPEC member countries, it was only Nigeria that was following the International Monetary Fund (IMF) policies, which he described as neo-liberal.
Said he, “The concept of accepting deregulation hook line and sinker anchored on import driven price model is not something that we can accept. We have said that without mincing words.
“If you say we are pushing through our throat to accept deregulation on the basis of importation, basically there will be no end to price increase even the issue of saying that once you deregulate without having the capacity to refine for domestic use will bring down the price of PMS, is not correct,” he said.
